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VietNamNews

Northern border to develop economy

Update: April, 17/2012 - 09:35
HA GIANG — Officials of the northern mountain province of Ha Giang yesterday rolled out the master plan for the Thanh Thuy Border Economic Zone through the year 2030, which was approved by the Prime Minister in February.

Bordering China's Yunnan Province, the zone includes seven communes in Vi Xuyen and Phuong Do districts with a total area of over 28,000ha. Under the new master plan, the zone would become an increasingly important trade gateway to China while promoting local socio-economic development.

The plan for the zone would give priority to developing a system of co-ordinated infrastructure system that would enable the zone to develop into an economic, cultural and tourism centre with a population of up to 40,000 people by 2030.

Provincial People's Committee chairman Dam Van Dong said at the ceremony that the province would provide tax incentives to encourage investment in the zone, and vowed simpler administrative procedures that would waiting times for investors by at least a third. — VNS

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